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IDBI · Erode

IBKL0001120: IDBI, Gobichettipalayam

IFSC code IBKL0001120 belongs to the Gobichettipalayam branch of IDBI in Erode, Tamil Nadu. Its MICR code is 638259005.

IFSC
IBKL0001120
MICR
638259005
Bank
IDBI
Branch
Gobichettipalayam
District
Erode
State
Tamil Nadu
Phone
+918754897847

Branch address

IDBI
246,K G P Complex, Sathy Main Road, Near Amala School Bus Stop ,Gobichettipalayam 638452, India Ph 24285 226844, 227844, 227444

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

IBKL is IDBI's bank code, the fifth character 0 is kept for future use, and 001120 is the code of the Gobichettipalayam branch. In the MICR code 638259005, 638 is the city, 259 the bank and 005 the branch.

Other IDBI branches in Erode

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of IDBI's Gobichettipalayam branch (Erode, Tamil Nadu) is IBKL0001120.

  2. 638259005. MICR is printed at the bottom of the branch's cheques.

  3. 246,K G P Complex, Sathy Main Road, Near Amala School Bus Stop ,Gobichettipalayam 638452, India Ph 24285 226844, 227844, 227444

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0001120 with the beneficiary's account number.

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